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Saturday, September 8, 2018

AMAZON BECOMES SECOND COMPANY TO HIT $1 TRILLION MARK, A MONTH AFTER APPLE

Amazon on 4 September turned into the second US open organization after Apple to hit the $1 trillion valuation mark.Last month, Apple turned into the principal US organization to end up a $1 trillion company.According to a report in CBS News, Amazon shares hit $2,050.49 — climbing 1.5 for every penny toward the beginning of the day exchange — bringing the organization's reasonable worth above $1 trillion

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Amazon Founder Jeff Bezos is as of now the most extravagant individual on Earth, with a total assets outperforming $150 billion.He possesses more than 16 for each penny of Amazon which he established in a carport in Seattle in 1994.Apple turned into the primary $1 trillion organization a month ago. The Cupertino-based iPhone-creator is at present worth about $1.1 trillion.Google's parent organization Alphabet Inc and Microsoft are quick drawing nearer the $900 billion stamp, reports said.Facebook — which crossed $500 billion out of 2017 — isn't developing much inferable from a gigantic information security embarrassment in the midst of falling client base.
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